8-K/A filed November 19, 2024, 6:59 PM ET ticker TSEOF CIK 0001519061

other material confidence high sentiment neutral materiality 0.65

Trinseo amends restructuring plan; expects $76-97M pre-tax charges for Stade shutdown and workforce reductions

Trinseo PLC

Total pre-tax restructuring charges $76-97M: decommissioning/demolition $21-26M, contract terminations $27-31M, severance $25-26M, asset-related $3-14M.
Actions expected substantially complete by end of 2027; total cash payments estimated $69-79M, substantially all by end of 2027.
Entered agreement to license polycarbonate technology and sell equipment to affiliate of Deepak Nitrite for use in India.
Restructuring includes combining management of three businesses, workforce reduction, and exit of virgin polycarbonate production at Stade, Germany.

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